Correspondent Mortgage Solutions Banking That’s Different
Western Alliance Bank’s Correspondent Mortgage Solutions team specializes in the acquisition of Non-Agency QM and Non-QM residential home loans. We partner with independent mortgage banks, financial institutions and credit unions nationwide. As a portfolio buy-and-hold purchaser of Non-Agency and Non-QM loans, Western Alliance Bank has the financial strength and experience customers value when originating and selling loans. Correspondent business partners benefit from our team’s extensive experience in Non-QM and Non-Agency loan purchases, and our commitment to forging exceptional customer relationships. These capabilities are part of Western Alliance’s strong expertise in a range of specialized mortgage services, including mortgage warehouse lending. Importantly, our reputation as one of the best banks in the country is a match for the confidence and trust your residential mortgage clients have in you.
What Sets Us Apart Experts Who Know Your Business
A Dedicated Relationship Manager
We understand your industry and recognize the unique opportunities and challenges facing your business.
We’re known for providing personalized attention. Your single point of contact works closely with you on all your banking needs and connects you with our breadth of resources nationwide.
Responsive Decision-Making Our entrepreneurial people have the acumen and authority to make prudent decisions quickly, with the power to cut through red tape.
Robust Solutions and State-of-the-Art Services We tailor loan, deposit, treasury management and other funding solutions that add value and make it easier for you to run your business.
Access to Senior Management We provide access to bank leadership. Our senior management meets regularly with clients and takes an active role in your success.
Solutions
What We Offer Correspondent Mortgage Solutions offers customized funding tailored to meet the needs of residential mortgage lenders around the country through a selection of specialized loan purchase programs. Our buy-and-hold approach provides the flexibility you need to make funding decisions with superior responsiveness and agility. As a full-service bank designed for business, we’re focused on helping your company serve your customers and meet your goals.
Benefits to Mortgage Lenders
Additional Specialized Mortgage Services Alongside Correspondent Mortgage Solutions, mortgage lenders benefit from additional specialized mortgage services offered by Western Alliance Bank. Our Specialized Mortgage Services team offers warehouse lines for well-qualified mortgage companies throughout the United States, plus additional business banking products and services.
• • • • • • •
Mortgage Warehouse Lending
Access an Assured Source of Funding and Liquidity
Confident Non-Agency and Non-QM Decision-making
• Western Alliance Bank’s portfolio
• Our systems integrate with industry-
program delivers reliable solutions unrestricted by standard securitization guidelines
• Our relationship managers work with
you to customize mortgage parameters for your individual business profile and strategic needs
Lend to a Broader Diversity of Borrowers
• Our funding approach offers
extensive options for Non-QM and Non-Agency circumstances
• Our online portal, MortgageVue, offers
innovative program qualification tools, exception capabilities, scenarios and access to product brochures, program guidelines and other resources
Give Your Customers Peace of Mind and an Outstanding Experience
Find Ready Answers and Full Support
• Your clients also will experience the
Treasury Management Services
Business Checking and Credit Cards
program eligibility review and easy-tonavigate documentation requirements
• By choosing Western Alliance Bank,
borrower situations, and we’re operationally equipped with a process that gives your staff the tools needed to deliver efficient and reliable decisions to your borrowers
Note Finance
Commercial Real Estate Financing
• We offer simplified prior-to-close
• We understand complex Non-Agency
Mortgage Servicing Rights
Custodial Escrow Accounts
leading Product & Pricing Engines (PPE)
• We have decades of industry experience and a culture of accessibility and responsiveness
you offer your residential mortgage customers the peace of mind that comes with a quality banking resource to hold and service this key personal asset excellent customer service Western Alliance is known for
• Our complete mortgage platform
provides end-to-end solutions you and your customers can count on
Residential Loan Programs and Solutions • • • •
Portfolio Expanded
• Investor Options • Interest Only • Bank statement documentation for
Portfolio DSCR (Debt Service Coverage Ratio)
• Scratch & Dent
Portfolio Jumbo Portfolio Express
• Asset Qualifier
All offers are subject to credit approval.
self-employed borrowers
Western Alliance Bank
Our Correspondent Mortgage Solutions team is part of the Specialized Mortgage Services group within Western Alliance Bank, one of the country’s top-performing financial institutions. Western Alliance Bank is unique because we offer businesses the resources and
Boundary-less Banking Western Alliance’s unique structure produces seamless banking for businesses, whether they are located in our regional banking geographies or anywhere in the country. Our specialized banking groups are a key part of what makes Western Alliance different, providing tailored, value-added solutions in highly focused industry and business segments. Our cohesive approach puts customers at the center of everything we do, wherever business happens.
sophisticated services and solutions of a national bank along with the flexibility and commitment to deliver thoughtful, sector-specific solutions.
Divisions of Western Alliance Bank. Member FDIC. Kenneth Vecchione President and CEO, Western Alliance Bank
“Our passion gives us energy and drive to think big and do more. Our first responsibility is always to our clients, and we bring them expert bankers who know their industry and market. Their caring, consistent and personal touch – combined with providing tailored solutions – supports our customers’ ambitions.”
Banking for Business Commercial and Residential Construction
Life Sciences
Restaurant Franchises
Manufacturing and Logistics
Small Business
Franchise Finance
Municipal and Local Governments
Specialized Mortgage Services
Gaming
Nonprofits
Healthcare
Private Equity and Venture Capital
Education
Homeowner Associations Hotels Legal
Professional Services Real Estate Development
Technology and Innovation Timeshare Resorts Wholesale and Distribution
Community Involvement
One of Forbes’ Best Banks in America Year After Year
#1 Best-Performing Among 50 Largest Public U.S. Banks
NYSE: WAL
One of the Country’s Top-Performing Financial Institutions
S&P Global Market Intelligence 2020
1,900+ Employees Nationwide
Long Term Deposit Rating A2 | Moody’s Investor Service
A | Kroll Bond Rating Agency
WAL Loan Growth 538% WAL Deposit Growth 498%
538% Loan Growth
2020 Year-End
498% Deposit Growth
398%
318% 256% 211%
327%
259%
218% 163% 98% 60% 0% 0% 2010
13% 6% 2011
35% 21% 2012
Community Impact Across Western Alliance in 2020
173%
$937.6 million
125%
67%
in loans directed to 5,948 small businesses
47% 2013
2014
Western Alliance Bank has a strong track record for community commitment.
2015
2016
2017
2018
2019
2020
6,071 hours
of community service by our people helped 83 organizations
$358.6 million
in Community Development Loans supported 17,844 jobs and created 358 units of affordable housing
2,916 students
in 29 Title 1 schools participated in 5,355 hours of “Financial Cents” financial literacy classes provided by our bank
$2.2 million
donated to high-impact local organizations in response to COVID-19, from PPE for first responders to help for hungry families
$2.3 million
in down-payment assistance grants through the Federal Home Loan Bank put a new home within reach for 112 families
$88 million
dedicated to new community investments, primarily for school districts serving economically challenged families
It’s not just about understanding the numbers. It’s about a banker who understands your business. A one-to-one relationship with your banker – a banker who truly understands your business – is how Western Alliance Bank delivers on accountability.
Turn to us for expert correspondent mortgage banking solutions. To learn more about Western Alliance Correspondent Mortgage Solutions, visit westernalliancebank.com
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